2023-06-07 16:00:00
As we briefly mentioned in a first light on SEC accusations (Securities and Exchange Commission) against Binancetestimonials from former directors of its subsidiary Binance US were used against the group. We now know a little more about the testimony of Catherine Coleywho left the management of the American branch of the crypto-exchange in April 2021.
“(…) The other aspects, those of data and finance, were the two most difficult to transpose to the United States, and the data had … a significant opacity. CZ [ndlr : Changpeng Zhao, CEO de Binance] did not explain to me why, how, or what we should do to be able to transfer the data to the United States. »
Now that the hostilities are clearly open between Binance and the US regulator, the two fighters risk not holding their blows at all. The crypto-stock exchange has already responded to the SEC, and announced that it would “defend vigorously”.
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